Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Best Banks for Danbury, Connecticut Entrepreneurs

 

 
Loan Census SBA Loan Info

Fairfield County Bank Corp Provides SBA Loan to Buy Re/max Realty Franchise

Need money to invest in a Re/max Realty franchise? Fairfield County Bank Corp has a history of making these loans and they are guaranteed by the SBA.

Re/max Realty franchise loans are available to Danbury, Connecticut entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Fairfield County Bank Corp, based in Ridgefield, Connecticut, issued an SBA franchise loan for a Re/max Realty franchise in 2007. We've got all the details on this Connecticut small business loan.

SBA Loan Borrower

RE MAX HILLTOOP
DANBURY, CT 06810

SBA Loan Lender

FAIRFIELD COUNTY BANK CORP
374 MAIN ST
RIDGEFIELD, CT 06877

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

11/8/2007

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Re/max Realty franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $30,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

RE/MAX International

Small Business Loan

Best Banks for Small Business in Ridgefield, Connecticut

Connecticut SBA Bank Lenders